Mortgage vs Tuition - What's the difference?
mortgage | tuition |
(legal) A special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property such as a house or piece of farm land. The assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower. Once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered.
(obsolete) State of being pledged.
(legal) To borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.
(figurative) To pledge and make liable; to make subject to obligation; to achieve an immediate result by paying for it in the long term.
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(label) A sum of money paid for instruction (such as in a high school, boarding school, university, or college).
The training or instruction provided by a teacher or tutor.
* {{quote-magazine, date=2013-07-19, author=(Peter Wilby)
, volume=189, issue=6, page=30, magazine=(The Guardian Weekly)
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* 1599 , :
As nouns the difference between mortgage and tuition
is that mortgage is (legal) a special form of secured loan where the purpose of the loan must be specified to the lender, to purchase assets that must be fixed (not movable) property such as a house or piece of farm land the assets are registered as the legal property of the borrower but the lender can seize them and dispose of them if they are not satisfied with the manner in which the repayment of the loan is conducted by the borrower once the loan is fully repaid, the lender loses this right of seizure and the assets are then deemed to be unencumbered while tuition is (label) a sum of money paid for instruction (such as in a high school, boarding school, university, or college).As a verb mortgage
is (legal) to borrow against a property, to obtain a loan for another purpose by giving away the right of seizure to the lender over a fixed property such as a house or piece of land; to pledge a property in order to get a loan.mortgage
English
Noun
(en noun)Derived terms
* anaconda mortgageVerb
(mortgag)tuition
English
(wikipedia tuition)Noun
(en noun)Finland spreads word on schools, passage=Imagine a country where children do nothing but play until they start compulsory schooling at age seven. Then, without exception, they attend comprehensives until the age of 16.
- BENEDICK. I have almost matter enough in me for such an embassage; and so I commit you—
- CLAUDIO. To the tuition of God: from my house, if I had it,—
- DON PEDRO. The sixth of July: your loving friend, Benedick.
- BENEDICK. Nay, mock not, mock not.